IDEAS home Printed from https://ideas.repec.org/a/pdc/jrnbeh/v10y2015i4p320-347.html
   My bibliography  Save this article

Estimation of Kazakhstan’s trade potential in the framework of the Custom Union

Author

Listed:
  • Nurlan Nurseiit

Abstract

The paper identifies the features and determinants of Kazakhstan's foreign trade with other members of the Customs Union of Russia, Kazakhstan and Belarus (CU), and estimates the degree of utilization of its trade potential for 1995-2011. The participation in the CU has led to an increase of Kazakhstan’s turnover with Russia and Belarus mainly due to imports from these countries, while the share of exports to these countries in its total exports has been declined since 2011. The main reason is the achievement of the potential level of mutual trade for Kazakhstan. Gravity models confirms that the inter-industry trade between the CU’s countries based on the comparative advantages comes to a standstill and to further expand their mutual trade, countries should specialize in the expansion of intra-industry trade.

Suggested Citation

  • Nurlan Nurseiit, 2015. "Estimation of Kazakhstan’s trade potential in the framework of the Custom Union," Business and Economic Horizons (BEH), Prague Development Center, vol. 10(4), pages 320-347, January.
    • Handle: RePEc:pdc:jrnbeh:v:10:y:2015:i:4:p:320-347
    as

    Download full text from publisher

    File URL: https://academicpublishingplatforms.com/downloads/pdfs/beh/volume16/201812281759_25_BEH_Vol10_Issue4_2015_Nurseiit_Estimation_Kazakhstan_trade_potential_Custom_Union_320-347.pdf
    Download Restriction: no
    File URL: http://academicpublishingplatforms.com/article.php?journal=BEH&number=16&article=2043
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Trade potential; Custom Union; gravity model; Kazakhstan; Russia; Belarus;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pdc:jrnbeh:v:10:y:2015:i:4:p:320-347. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jaroslav Holecek (email available below). General contact details of provider: https://edirc.repec.org/data/pradecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.